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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Crystallex President and CEO to Resign; Board Appoints Interim CEO and P

Re: Crystallex President and CEO to Resign; Board Appoints Interim CEO and P

posted on Jun 03, 2008 03:53PM
Obviously, this move was orchestrated for a reason. GT leaving on his own, unlikely. It's hard "to pursue personal interests" that pay a base salary of $500K plus bonus. Sorry to those who disagree, but this is only negative in optics. As a President & CEO, nothing, nada, zilch. MO and TB were on board to take us to production. GT was to broker a deal. RF overestimated and underestimated the respective abilities of management and government. Ultimately, VZ calls the shots here. This is not all doom and gloom. Everything happens for a reason....
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